Government Assures All Help to Boost Pharma Exports

New Delhi Government on Tuesday assured the pharma industry of "every possible help" in resolving its issues related to exports and said efforts would be made to expedite work on different proposals to realise the full potential of the sector.August 19, 2015, 04:00 IST

This is the first time in the recent years that the Indian pharma exports saw single digit growth in dollar terms.

New Delhi Government on Tuesday assured the pharma industry of "every possible help" in resolving its issues related to exports and said efforts would be made to expedite work on different proposals to realise the full potential of the sector.

An assurance to this effect was given by commerce minister Nirmala Sitharaman at a meeting attended by representatives of Pharmaceutical Export Promotion Council of India (Pharmexcil) and officials from different ministries. Observing that Indian pharma sector can help the global community in its fight against various life threatening diseases, Sitharaman assured the industry of government's help "in every possible manner in resolving various issues faced by the industry".

A 'think tank' consisting of senior pharma professionals, CEOs, government officials, scientists and researchers can provide an ideal forum to identify bottlenecks and resolve various issues for overcoming challenges and promoting hassle free exports, an official statement said. Sitharaman also directed senior officials to speed up the work on various proposals . " PTI

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A bench of Chief Justice Rajendra Menon and Justice V K Rao passed the order while acting on a PIL filed by Delhi-based dermatologist Zaheer Ahmed who complained that lakhs of medicines were being sold on the internet every day without much regulation, posing a huge risk to patients and doctors alike.